Fifty five percent of applications received by a credit card company are approved. Among the next...
Fifty five percent of applications received by a credit card company are approved. Among the next 6 applications, the probability that at least one application be approved is
0.0083
0.8287
0.9917
0.9187
Fifty five percent of applications received by a credit card company are approved. Among the next 6 applications, the probability that all of them being approved is
0.0276
0.8287
0.9917
0.9187
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Fifty five percent of applications received by a credit card
company are approved. Among the next...
5.5 points] Eighty percent of the applications received for a particular credit card are ac- cepted....
5.5 points] Eighty percent of the applications received for a particular credit card are ac- cepted. Among the next 15 applications (a) what is the probability that exactly 4 will be accepted? (b) what is the probability that all will be rejected? (c) what is the probability that fewer than 3 will be accepted? (d) Determine the expected number and the variance of the accepted applications
67.4% of the applications received for a particular credit card are accepted. Random variable x represents...
67.4% of the applications received for a particular credit card are accepted. Random variable x represents the number of accepted among the random sample of 36 applications. What is the variance o for this distribution? Round your answer to two decimal places. A recent article in the paper claims that business ethics are at an all-time low. Reporting on a recent sample, the paper claims that 36% of all employees believe their company president possesses low ethical standards. Suppose 20...
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26. J&G Bank receives an average of 30,000 credit card applications each month. Approximately 60% of...
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J&G Bank receives a large number of credit-card applications each month, an average of 30,000 with...
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Send to Gradebook < Prev Next Question 7 View Policies Current Attempt in Progress Fifty percent of all technica...
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J&G Bank receives a large number of credit-card applications each month, an average of 30,000 with a standard deviation of 4,000, normally distributed. Approximately 60% of them are approved, but this typically varies between 50% and 70%. Each customer charges a total of $2,000, normally distributed, with a standard deviation of $250, to his or her credit card eaclh month. Approximately 85% pay off their balances in full, and the remaining incur finance charges The average finance charge has recently...
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